The bailiffs are knocking on the door. The limited money you have is flying out the door faster than it's trickling in, you don’t even want to look at the latest debt numbers .. What do you do?
The bailiffs are knocking on the door. The limited money you have is flying out the door faster than it’s trickling in, you don’t even want to look at the latest debt numbers. It may be inevitable that you have to shut the doors. If change doesn’t happen quickly the future you resist is barrelling down at you.
What do you do?
First, resist panicking. It doesn’t help. In fact, if you play your cards right, this could be a Pivotal Moment in the potential growth and profitability of your business...and your life.
Second, don’t retreat into your old patterns (you know, the typical things you do when you’re stressed out). As I said, this is a pivotal moment …
So pivot. Move into the decision zone and do something different.
Get moving TODAY to change whatever’s impacting your operations (and your life) so you can get your business back on a solid track.
Here’s a few recommendations:
Start these actions today and see if there is a relaxing of your busy mind, if the weight on your shoulders lightens up a bit.
But, stick with me, because if you really want to bring the joy back into your life and your business then you have to wake up even more.
(Remember that future you don’t want barrelling down at you? It has a hell of lot of momentum in its favour - you have to counter it by pivoting into change just as strongly)
You’ve worked with consultants in the past. I get it. You’re scared to engage an outside team. It’s risky. You can be sure your staff will rub your nose in the fact that you’ve spent a small fortune on some big shot consulting firm in the past and have nothing to show for it. But the field of behavioural economics confirms you cannot fix the system from within the system that broke it.
Understand that your own internal dynamics (including who you take advice from) and conservative decision-making reinforce what’s happening. Like gravity, there are invisible forces within your company contributing to what’s not working. Siloing of roles, attitudes of resistance, internal politics - you may not even be able to see them, but they are imminent threats and need to be scaled back.
Managing by committee or adhering to advice from traditional advisors is a retreat into old patterns.
Another thing that people do in a crisis is get advice from accountants and financial advisors and make decisions based on financial statements.
That isn’t going to work in this type of scenario because it is based on the past - accounting is history and it drives conservatism, not creativity.
You can’t create a future from an audit of the financials. Financial advisors cannot do solid short term turnaround of a business because they rely on the past to structure a future.
You need visionary thinking, passion and ideas - and roll-up-your sleeves advisers that have entrepreneurial vision and are outside the system that you’re embedded in.
When you started this company, there was a joy in your heart - a dream or desire for what you could create. That stress and uncertainty eating away at you doesn’t have to be part of your business or life any more - you can get the joy and peace back, the thrill of a thriving company and a team working and thriving together …
But you can’t do it with the same perspective and same dynamics that got you where you are now - stressed, unhappy and watching the debts piling up.
You have to pivot into something new, and you have to decide now.
There is another way to change your future. Contact us here for a confidential conversation - you don’t have to feel alone anymore.
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